The One Time

I hope a city near me is more European

Switzerland rejects world’s highest minimum wage

Swiss voters have overwhelmingly rejected a proposal to introduce what would have been the highest minimum wage in the world in a referendum.

Under the plan, employers would have had to pay workers a minimum 22 Swiss francs (about $25; £15; 18 euros) an hour.

Supporters said the move was necessary for people to live a decent life.

But critics argued that it would raise production costs and increase unemployment.

The minimum wage proposal was rejected by 76% of voters. Supporters had argued it would “protect equitable pay” but the Swiss Business Federation said it would harm low-paid workers in particular.

The Seattle City Council is lining up behind a gradual raising of the minimum wage to $15 per hour. There are a shit-ton of exemptions and “phasing in” depending upon your industry and what type of business you own.

Needless to say, the horrible public schooling that voters in Seattle get will likely mean a swift passage as they do not get to even take anything resembling an Economics course in high school.

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